Unitarian Universalist Society of Bangor, Maine says no to fossil fuel investments!
Members of the Unitarian Universalist Society of Bangor voted on unanimously to adopt a long-term policy of divesting fossil fuel stocks at their annual meeting in May, 2015. A survey of church members in March found broad support for the divestment resolution, which was endorsed by the church’s board of trustees and governing council.
With this action, UUSB joins a growing number of faith communities and institutions of higher learning that have chosen to exclude fossil fuel stocks from their investments. The Unitarian Universalist Association adopted a divestment resolution at its General Assembly last year.
“It’s a matter of environmental justice and generational justice,” said Christina Diebold, co-chair of the church’s Green Sanctuary Committee, pointing out that those contributing the least to fossil fuel-driven climate change will suffer the most from its impacts. As increasing concern about climate change prompts a shift from fossil fuels to renewable energy, divestment is a prudent as well as an ethical investment strategy, she said.
The church will offer a workshop on responsible investing for individuals in October.